Axia Group Inc.

Axia Group Inc.

April 20, 2012 14:34 ET

Collagenna (AGIJ) General Corporate Business Update

OTTAWA, ONTARIO--(Marketwire - April 20, 2012) - Axia Group (PINKSHEETS:AGIJ) ( Collagenna Skin Care Products is pleased to provide this general update on various business matters:

  • We just launched the opening of our new facilities in Stittsville (Ottawa), Ontario. The new facilities are situated in a retail environment and include a full store front along with a treatment room offering Collagenna's Natural Anti-Aging services.

  • Shortly we will commence our filings on OTC Markets including am updated Adequate Disclosure and our financials, with a target of becoming a quoted "Current Issuer".

  • Until we start our filings on OTC Markets we are utilizing our IR firm's "Support Suite" to communicate with our shareholders and their email opt in subscription list to convey non news worthy events which may be of interest to our shareholders.

  • Our share structure being remains undisturbed. As per our earlier email alert advice we intend to reduce our share structure (not reverse split) but reduce by about 300-400 million shares. Our Outstanding share structure should be in the 900 million share range with most of it being restricted.

Shares Outstanding 1,316,723,797 a/o Feb 16, 2011
Float 53,071,829 a/o Apr 28, 2010
Authorized Shares 1,500,000,000 a/o Oct 07, 2010

Michael Arnkvarn, AGIJ CEO states 'We will continue to develop our business opportunity concept. In Toronto we operate 3 clinics which are situated in an existing business (the Village Health Food Group) which allows us to solicit existing clients who come to shop in these stores. We call this concept, Collagenna's Boutique Clinic concept. We felt that it was also important to develop a 'stand alone' concept which is our new Ottawa location. We are very pleased with the results of our new store and it will allow us to expand the options which we can offer to interested parties in our business concept. We have plans to open 2 more corporate stores this summer and we are in final negotiations with interested parties to bring our concept to the Middle East and the USA. We will inform shareholders shortly of these exciting developments.'

A panoramic view of the new store facilities can be viewed at under the Stittsville clinic tab.

More details and news will follow on a timely basis.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Axia Group Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Axia Group Inc. cautions you that any forward-looking information provided by or on behalf of Axia Group Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Axia Group Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Axia Group Inc.'s control. In addition to those discussed in Axia Group Inc.'s press releases, public filings, and statements by Axia Group Inc.'s management, including, but not limited to, Axia Group Inc.'s estimate of the sufficiency of its existing capital resources, Axia Group Inc.'s ability to raise additional capital to fund future operations, Axia Group Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Axia Group Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Axia Group Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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